Equity Market Surges Again, Extending Winning Momentum

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

July 31, 2025/United Capital Research

Today, the Nigerian Stock Exchange Market closed on a slightly positive note following share price appreciation in DANGCEM (+3.67%) and TRANSCOR (+3.92%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.41% to close at 139,863.52 points. Year to date returns rose to 35.89%, while market capitalisation closed at N88.42tn.

Activity level in the market was mixed with the total value of stocks traded declining by 1.54% to settle at N33.65bn. Meanwhile, the total volume of stocks traded rose by 22.48 to settle at 1.11 billion units.

Corporate Announcements
• Aradel Holdings Plc releases Q2-2025 Financial Statement.

• Cornerstone Plc releases Q2-2025 Financial Statement.

• Custodian Investment Plc declares an interim dividend of 25 Kobo for every share of 50 Kobo each.

Equity Market Surges Again, Extending Winning Momentum

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